Friday, February 13, 2009

Credit Card Debt Free!


Oooh yeah...tax money came in and we are officially credit card debt free! Check out my pie..a big chunk is gone! We also paid off one personal loan of 700, tires(for car), threw $1000 on the other personal loan, personal property taxes as well as all current medical bills.

Our EF is also now over $1000. I will punch up exact numbers later this week when I have more time. I just feel so relieved to know that we are down to just four debts. We have a car payment, van payment, student loan, and a small 2000 personal loan. We have chosen to snowball payments onto the car loan. We owe about 7000 on that loan.

I am stoked! I finally feel like I am seeing some progress.

7 comments:

  1. Excellent! You guys should all do something to celebrate. At least some cake and ice cream or something (cake is always the first thing I think of.)

    This is a huge accomplishment! Pat yourselves on the back for it!!!

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  2. I had to laugh when I saw your post...we too got our refund this morning and the first thing I did was pay off debt and write in my blog about it. I feel your excitement! Check out my blog....we are a family of four plugging away at our debt as well!

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  3. That is absolutely amazing!!! What a great accomplishment!!! Keep up the great work!

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  4. Well Done!! I can't wait until we are, fingers crossed it will be buy the end of this year for us!!

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  5. What an amazing accomplishment! You are inspiring me to do a better job with my budget, to move closer to the goal of becoming debt free.

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  6. You're doing fantastic! What a rush it must be to eliminate and pay down like that!

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  7. Congratulations on achieving this goal!

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